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by on outgoing president 52 years ago this woke was the role in government in solving america's problems. we'll share with you some of the comments of dwight eisenhower in his farewell address. what is the role in government in solving america's problems. you can join the conversation by giving us a call. you can send us an e-mail at journal at cspan.org. let's begin with the act two second terms for u.s. presidents have been problematic but not cursed. what history will says about how president obama will do. will obama blow another mandate. meanwhile from the hill newspaper there is this words from senator mitch mcconnell after four years of frosty relations senator mcconnell is reaching out to the president. senator mcconnell called on the president to use his inauguration speech to focus on the massive federal debt happeninging over the heads of our children and grandchildren. it is an offer senator mcconnell made four years ago but was soon forgotten. in his editorial he said given the serious nature of the challenge, i hope the president uses his address to acknowledge the seriousness
jazeera live from our headquarters in doha. also ahead -- [chanting] >> celebration in islamabad. anti-government protests end after a deal is struck. a city paralyzed by water. the army and police are called in to help thousands surrounded by floods in jakarta. and confessions of a sporting superstar. lance armstrong's interview with oprah winfrey about to be broadcast. ♪ >> hello. one of the biggest international hostage crisis in decades appears to have come to an end 36 hours after it began. algerian security sources are reporting 30 hostages and 11 kidnappers were killed in a military operation at a gas plant in the east of the country. while the hostages included algerians as well as foreigners from at least nine countries including the u.s., britain and japan. algeria says those behind the attack include egyptians and others. they launch admit operation because the armed group threatened to blow up the gas installation. we report from washington. >> the algerian military decided to end the stage, the consequences of that action still not clear. in a day of confused messages, the hostage
minister tell the house what the government is doing to keep pensioners warm in this cold weather, and will he join me in congratulating the suffolk foundation for the success, for the great success of their surviving -- [inaudible] >> what this government has done is, first of all,tive the biggest -- give the biggest increase in the state pension of five pounds, 30 last year. we've kept the cold weather payments at the high level, and we're replacing the warm front scheme, and while that helps something like 80,000 houses a year, the eco could help up to 230,000 houses a year. that is what we're doing, and it's a record we should be proud of. >> thank you, mr. speaker. the prime minister should know that the ons have recently released figures that show there were 24,000 extra cold weather deaths over the winter of 2010-2012. the majority of those who perished were over the age of 75. so, mr. speaker, can i ask the prime minister if he thinks his government should do more to help the elderly and the vulnerable and less to help millionaires with tax cuts? >> as i just said, we are
their individual wealth and privileges to cooperate fully with the confederate government struggling to protect the interests of slave owners as a whole. and those are aspects of the book that i'm discussing with you today. but this evening i'd like to talk to you about the most important fissure that ran through the house of dixie, slavery, and the three ways slavery figured in the origin and the progress of the o civil war. first of all, the war's central cause. secondly, as a crucial source of military power deployed during that war. and, third, slavery's erosion during the war and its destruction both of those things as an eventual union goal. the destruction of slavery as an eventual conscious, deliberate union goal. so let's start with cause. as you may know, in a recent national survey half of all those people, half of all those americans when were polled deny that slavery was the main cause of the u.s. civil war. and that view is apparently gaining ground, not losing ground. because among younger people polled, those below 30 years of age, fully three out of five denied slavery's centra
under the flag today. so the question is whether the institutions in the way that the government has dominated and if you will corrupted the independence of the institutions will last even if we went to the election if they declare that he dies tomorrow which there is a rumor that they would do that actually going around now, that if he would be declared dead and they called an election within 30 days and the opposition won, meaning the sympathy vote for the candidate which is difficult after what we saw on december 16th and dhaka election we just talked about, chavez has 20 of 23 governors. 11 of the governors that were run by the chavez party are former military officials, including four ministers of defense, who are now governors of their respective states. several of them are all along the office of the control campaign list because of their work with the farc so we have a situation where people are in control of things, so that even if henry embrey de four e elected president in this election it's the opposite -- he's the head of the opposition who ran against chavez and got a 4
is a direct result of our government's actions in central america over many decades free of the thousands upon thousands of puerto rican zwerg recruited to work here in the united states free of the >> the feeling was we could easily -- easily over the government and make it easier for other american businesses to operate in central america. >> from the very beginning, the west depended for its labor on mexicans. >> are you a communist? the history. >> i had never seen anything like el salvador. i was more threatened their than vietnam read what was going on there was the slaughter of the innocent. >> when you finance and train a gain of butchers and they begin wholesale killing, the people don't emigrate, they fully. >> the instability we have contributed to, creating some kind of chaos in disarray that leads to more immigration, i believe in the idea of amnesty for those who have put down roots, even though they may have entered illegally. >> the reality is, america is changing. by the end of the century, a majority of the people trace their origins not to europe, but to latin america. >> we
obligations. you can't do that. and that's not a credible way to run this government. we've got to stop lurching from crisis to crisis to crisis, when there's this clear path ahead of us that simply requires some discipline, some responsibility and some compromise. that's where we need to go. that's how this needs to work. major garrett. >> thank you, mr. president. as you well know, sir, finding votes for the debt ceiling can sometimes be complicated. you, yourself, as a member of the senate, voted against a debt ceiling increase. and in previous aspects of american history -- president reagan in 1985, president george herbert walker bush in 1990, president clinton in 1997 -- all signed deficit reduction deals that were contingent upon or in the context of raising the debt ceiling. you, yourself, four times have done that. three times, those were related to deficit reduction or budget maneuvers. what chuck and i and i think many people are curious about is this new, adamant desire on your part not to negotiate, when that seems to conflict with the entire history in the modern era of am
and government reform committee. host: good morning. house members have returned to washington with votes slated later today for emergency aid for victims of superstorm sandy. new york is poised to become the first state to act in response to the mass shooting in newtown, connecticut, keeping guns out of the hands of the mentally ill and banning assault weapons. president obama has in hand to the recommendations from joe biden on gun-control and will push for action. the front page of the washington journal says president obama escalates the fight on the w economy. is the debt ceiling negotiable? your thoughts? send us a tweet or post your comment on facebook. you can also send us an e-mail. president obama held his last official news conference of the first term yesterday in the east room of the white house. here's what he had to say on the debt ceiling debate. [video clip] >> republicans and congress have two choices. they can act responsibly and pay america's bills or they can act irresponsibly and put america through another economic crisis. but they will not collect ransomed in exchange for
and colleges. so for latinos, whose life is turned upside down by our own government actions and latin america that many times we are unaware of, what happens is there is this tremendous disconnect. i believe this is one of the reasons why some to the big rhetoric about immigrants takes hold in our country because we don't know. so here is junot diaz whose life is completely changed because of our actions, yet all of us as american citizens, no nothing of what we did in the dominican republic. i think that is one of the key parts of this dilma. >> the significance of the invasion of 1965? >> i think that sent a message throughout latin america and that timeframe with the united states coming out of the kennedy era, the alliance for progress era, that the united states now was the enemy of change because, obviously, juan bosch was not a revolutionary by any stretch of the imagination. he was a liberal democrat who wanted to have land reform and wanted to have basic changes in the lives of the dominican people. so when the u.s. government basically pack the coup against him, isn't the message th
rated as one of the worst two-year sessions in the history of the united states government. well, what are we going to do differently? how is it that we only addressed one out of 24 appropriation bills over the last two years? how is it that so many important bills never made it to the floor of the senate, bills such as the replacement for no child left behind, coming on bipartisan vision out of -- out of committee? how is it that so many bills came to this floor to never see a final vote? the disclose act which would have eliminated secrecy in campaign donations. the dream act, which would have honored creating a future for those who know only america as their home. the president's jobs package, which would have helped put america back to work. the closing of loopholes for the biggest, most wealthy oil companies. those funds could be put to use, reducing our deficit or funding critical programs for working americans. on issue after issue after issue, we saw inaction. and what we heard yesterday at the start of this next two years was a call from the president for action. he said in hi
of resistance. but we deal with that through enlightened government policies, feedback, and changing them when we find they do not work. and encouraging the private sector where the ideas come up. i do not think -- steve jobs working in his career came up with stuff. i did not know that steve jobs was working in that group on the computer. we want to have space for that. we need space for innovation, it is a constant challenge. the power of the conventional is so overwhelming and the convergence is so powerful that to try to innovate is exhausting in government. let me tell you. in spite of that, i am ready for several more years of innovation. i hope you are. i hope california is. [laughter] [applause] >> for this next question, let's pretend that president obama is sitting in this chair. but pretend this is a private room -- let's pretend this is a private room. we need everyone out there to be quiet. if you were here along with the president, what are the two things you would tell him you need to make your state more competitive or all states more competitive? >> i think and i am an unabash
. tonko: people have said that there is a need for government, they want effective government, efficient government. well, i think when we look at some of the data that are collected, representative garamendi, it is important for us to acknowledge that as we rebuild in our areas that have been damaged by mother nature, you don't just replace, you need to improve upon the situation. for instance, if there are data that are telling us that more and more water volume is expected in certain watershed areas, as in my district, it would be foolish to spend tax dollars, the hard-earned taxpayer dollars, and simply replace an infrastructure, a bridge, at the same height, at the same span if in fact we know that the water and the force of that water is growing with time. and so these are the ways to, i think, incorporate the soundness of academics and analyses that go into how we respond to this. and if much of it is driven by climate change, global warming, some of the impacts of mother nature that are causing these disruptive scenarios, then ought we not look at sound policy that then stretches
, the government stepped in to provide flood insurance to ensure that those mortgages and all the investments were covered against this hazard. a noble idea. forcing governments were very responsive to the people that were selling that flood insurance to did like pay a lot of money for it. so we tended to set rates below which supported the risk. now, the problem with this type of investment scheme is it's like a ponzi scheme. it only gets exposed when disasters happen. on a day-to-day basis, year-to-year basis, as long as you're dealing with those expected quote unquote below 100 year event, which i have no idea however we started calling something 100 year events that started happening every month. the other thing, we have two problems. we can't figure out how to deal with risk and we can't figure out how to communicate. your chance to buy a lottery ticket and winning is less than getting hit with a flood -- flood. most people go out and buy lottery tickets. you would be surprised how many people don't buy flood insurance. we don't do a good job if people don't do this. but the challenge with fl
of a government economics. even when i say this not, it is always about "money." adam: and a good evening to you. we want to look at the days headline market. a tough day for stocks. the dow snapped a five-day nning streak falling 23 points. more turbulence for boeing 787 dreamliner. a faulty battery forced an emergency landing of a 787 in japan after a result the japan airlines are grounding their entire dreamliner flight facing safety inspections. shares of boeing fell more than 3%. hewlett-packard rallied more than 4% reported they received buyer interest for the edf units in recent days, however sources say no major sailors coming anytime soon. but we have to move on to the story that everybody is talking about. president obama signing 23 separate executive actions on gun violence today. and those actions could have a huge impact on the firearms industry. among other things, the president called for mandatory background checks for all gun sales and a ban on military assault style weapons and high-capacity magazines. which would make the weapon on the top legal and the weapon on the bottom il
. >> i understand. >> sean: and what is the maximum that they can take, the maximum the government can have? >> you're asking me for a number. if you're doing better than your secretary and the secretary-- >> maximum? >> they should pay their fair share. >> sean: give me a fair share number. >> i like a flat tax. >> sean: between state, local, federal and isn't it sad people are thinking of moving states? and some people might leave the country, that's sad. >> only people with options can do that and we're losing track of that. >> sean: when those people leave, guess who is going to pay? the people who are left. >> yeah, and the states are being dug into the ground with all of these. >> sean: and we've got to run, but we expect momentarily that vice-president biden will be addressing the troops on this inauguration night. congratulations to the president, first lady for ing, that's all the time at we have left. greta is next to go "on the record" and we'll see you tomorrow night. >> greta: tonight, it's blistering, it isn't so much what was said, but who said it. is the cbs news politi
together a coalition will be tricky. >> it appears so. the last government all molested two years. then the labor party pulled out . in this case it might be even more complicated. binyamin netanyahu, if he is given the first nod, will have 28 days to form a coalition. then he has another 12 days. the question is whether some other party will be asked to put together a coalition. any kind of coalition would veer to the right. if he could do that with a minimum of cooperation would be his preference. >> thank you for reporting to us live from jerusalem. you can see our front page at zeera.com. the first explosion was caused by a car bomb about 30 kilometers south of baghdad. no one has claimed responsibility. activists are reporting two large explosions on the outskirts of damascus. areas have come under heavy shelling for the second day in a row. one town, thousands of syrians fleeing the violence and up in camps and many have been nammaid for life. have more. >> this is inside syria. thousands of people forced to leave their homes. they have nowhere to go. there is fighting nearb
lowered their expectations -- there's always debate about what the proper role of government ought to be. i suspect it will have more of that in the coming days about what the proper role government should be -- what are our expectations? are they too low? some of my friends on the right will see the opposite -- the expectations of government are too high. talk to me about expectations -- what do we have a right to the world? >> i think it is important what they were saying about what should be done -- it is not theory, it is actually being done in countries around the world with demonstrated, proven results. every child in many countries in europe start out with that preschool. the results are that unlike this country, there is not hereditary poverty. it is proven -- this is not a theory. what you are saying about the health system is completely proven. our health system costs an extra $750 billion a year for exactly the same services that you would get in other countries. at the institute of medicine issued a report that the waste and fraud that comes from this for-profit system is 5%
. >> aye. >> mr. become governing. >> aye. >> mr. hastings. >> aye. >> mr. poll. >> aye. >> mr. chairman? >> chairman no. for yea's, nine's. the amendment is not agreed to. the gentleman is wreck wreck d recognized. >> mr. chairman i make the move that -- number 73 would provide $125 million toward the emergency watershed protection program. >> is there further discussion? >> vote now be on the amendment say aye. >> aye. >> no. >> no. >> amendment is not agreed to. >> mr. chair, i question a -- >> we ask the clerk to ask for a roll call. >> miss fix. >> no. >> mr. bishop, no. >> mr. kole? >> mr. wood annual no. >> mr. knew gent. >> no. >> mr. webster? no. miss hoytman, no. >> mr. burgess. >> no. >> miss fodder, aye. >> mr. mcgovern. >> aye. >> mr. hays'ings. >> aye. >> mr. poleis. >> aye, mr. came? injury know. clerk will report, four yea's, nine nays. the amendment is not agreed to. we now move to the motions made be the advice chairman of the committee. toness favor say aye. >> aye. >> those opposed, no. the amendment passes, and we would go ahead and recognize mr. coll will be happeni
of these lawsuits? >> he will pay back some. he will settle. the government settles these sort of cases. let's say he loses 50 million bucks, he still has a fair amount. he's not going to starve. more importantly, he will have his narrative back, his life as a competitive athlete back. the question is, is he going to apologize to the people he hurt along the way? we talk about this as if he's the only part of the story. in fact, he's not. the story is much bigger than just him. >> he has great pr. but, as you and i talked about before, juliette, he was a jerk to an awful lot of people. i mean, he sought to destroy people who would testify against him, who had spoken the truth. >> i think jerk is an understatement. i think a lot of those people are devastated right now. and i don't really know what to think when he's calling some of these people up to apologize. i actually spoke to a few people he has reached out to and they're like dumbfounded. they don't know whether to believe him or not. >> did you see him threaten people, reporters who reported things that he felt were inappropriate? >> well,
and information coming from the city governments for two years against drugs and drug cartels. knowing that there is another stage in the initiative, which is going to do the state government and not the government in this new phase of the initiative they think is necessary that the american people, the federal government in mexico and the united states in which we have a lot of hope in the government of mr. pena nieto and the government of mr. obama, that they can listen other voices on a very delicate subject to security. what are we doing, local governments facing challenges that sometimes go out of our hands and anyway we have to deal with them. there is no doubt that the main concern, for instance, in my city in northeast mexico is a border state with taxes. too often, cities have borders with the rio, texas that we also have my city on the southeast part of the state and it's a strategic location. my city the city of 670,000 people. it's a big city. the metropolitan area sharing the space which has two cities, our neighbors in another city, which is my city. there is no doubt tha
the way the two economies govern themselves? >> we have dealt with the issues with safeguarding other countries. we did that in the negotiations with colombia. we did that in negotiations with panama. if any two entities can resolve those issues, it is the eu and the united states. essentially, what the eu has been doing, in my judgment, to use regulatory provisions. i don't like the word protect exactly because it's overused, but to essentially safeguard the market from our competition. so we should be able to do that than to structure should be able to meet those tests. that i think is very doable. the french have to be willing to let us enter into their market. and we have had the same problem with russia, and i think that we have basically taken the step to resolve it. do it with russia, we can do it with the eu. >> you talk about the republican party changing. when the democrats were the majority, they had blue dog democrats from south carolina and mississippi and louisiana and north carolina and virginia. they are gone. the democrats have changed. the democrats are far more unif
of the american people and to govern the. "national review" as a very intellectual magazine throughout its existence and i think probably even more so in its early years in the 50s and 60's. a very much needed i think bill buckley managing editor and every other major person there acknowledge to that they very much needed a man just like bill rusher to serve as a lyrical eyes and ears, as a political counselor, as a link between "national review" type people. as rusher tended to put it, the intellectuals and the practical politician. by politicians rusher didn't mean people aspired to public office but the mastermind of the goldwater campaign and the marshal of the goldwater campaign. white too was a politician and rusher was something of a politician. in other words if practitioner of actual politics. russia placed tremendous value on these people, and he was always trying with some success to get the more philosophical conservatives. a classic example of course being buckley himself to appreciate that sort of career and that sort of individual and that sort of effort. a lot of what you'l
government structure. so as i said, -- and in the for the question of -- [inaudible] in trying to share the information we have, and the need to not create a panic. it was a very difficult situation. i think we need to -- [inaudible] the experience and try to come up proper lessons. and that certificate still continuing. as long as we're talking about preparedness perhaps you would like to talk about whether there's environmental preparedness. how does it work? >> exactly get ready for this. >> it's the best preparation for the kinds of environmental disasters. i want to touch upon the education issue and mention briefly that, you know, when the fukushima raid logical disaster hit us, there was a great lack of educate scientists in the community capable of tackling many of the aspect of the environmental impact. we have a shortage of radio geochemistry and geo-- stemming from the fact that we never thought such a thing could happen again. and so emphasis in the field dropped off. at the moment we really need to train a few more folks to handle these kinds of emergencies in the future. t
for allegedly defrauding the federal government of millions of dollars when he rode for the u.s. postal service team. now cbs news learns that senior officials here at the justice department have recommended that the federal government join that lawsuit. lance armstrong's years of denial came to an end monday in an emotional interview with oprah winfrey. >> lance armstrong is on the course! >> reporter: cbs news learned the former cycling star confessed to winfrey what many already speculated that he used performance-enhancing drugs. the lengthy sitdown took place in the four seasons hotel in austin texas, where armstrong was joined by close friends and lawyers. afterwards oprah tweeted "just wrapped with lance armstrong, he came ready." he spent the better part of his career fighting back against doping allegations. >> we have nothing to hide. >> reporter: the pressure mounted in may 2011 when scott pelley talked to tyler hamilton about the blood boosting drug epo. >> you saw lance armstrong inject epo? >> yes, like we all did. like i did many many times. >> repor
and creating an environment for businesses to invest because they think governments are being responsible, things have slowed down so much there's been so much unemployment, 11.6% in the euro zone than it's having the opposite effect. we have to find a more dalan ba approach to how we go forward. europe has a disproportionate influence of this conversation. there is a conversation particularly vis-a-vis the united states as to how much is too much and how much austerity, how much in terms of cutting back is actually enough, christine? >> really nice to see you. when you run into indiana jones, he can have his hat back. nice to see you. >> how many bars are there over the world that have pictures of you in them? >> no, i turned 28 at a davos -- last year -- and it was one of the best birthdays ever. first time i ever ran into kings and bankers and princesses. it's really an interesting .01% of the global leaders. >> with the official public swearing inform the president all done, you know that, small matter over, the really big news of the day -- what was she wearing? look at that lovely r
government. initially he said he had equal governments, he wanted the united states government to do more to help him, and mexican government to do more to help him. the good news he is home this marine. bill: listen to him talk. he is measured, mature man. that is what got him out of there. back home now. well-done. martha: so back in washington, house republicans are now reacting to some tough words from president obama at his last news conference of the first term which took place yesterday morning. it was long one. republicans have only two options in the battle over raising the nation's borrowing limit. here is what he said. >> they can act responsibly and pay america's bills, or they can act irresponsibly and put america through another economic crisis. but they will not collect a ransom in exchange for not crashing the american economy. the financial well-being of the american people is not leverage to be used. martha: hmmm. there you go. iowa republican congressman steve king joins me now. so those are your two options. you can either crash the american economy or you can raise th
a strong defense of government saying that, quote, preserving our individual freedoms ultimately requires collective action. take a listen. >> the american people can no more meet the demands of today's world by acting alone than the american soldiers could have met the forces of fascism and communism with militias. or build the roads and networks and research labs that will bring new jobs and businesses to our shores. now, more than ever we must do these things together as one nation and one people. peter: the president also did however discuss revamping the tax code, reducing healthcare spending, trying to reduce deficits, but acknowledging the realities of divided government, said, quote, today's victories will only be partial. cheryl? cheryl: peter barnes of course standing by at the white house, big day in d.c., cold day as well. peter thank you. well, while most of the markets are closed today, money is still moving. now is your chance to make money on currencies. joining me now for a fox business exclusive interview is forex.com senior currency strategist. welcome. currency markets
there's a fair amount of latitude for the democratic government to regulate guns, but they also put a definite boundary on how far those can go. an outright ban on handguns like in chicago before, like washington d.c. hackers to fraud. that is a second amendment right goes too far to extend the right of self-defense that the supreme court found to emulate the home is another question entirely. i think ultimately probably what happens in congress is not going to be greatly affect getting greatly constrained by what the supreme court is going to allow. the court on things like regulation of a particular type of guns, waiting periods, background checks and things like that will probably be willing to allow that sort of thing. >> i watch you all to know that it just not been sending to my wife while she's away. those of you getting here in time, i know this is a big appointment every day. you may not have seen nightly news tonight, the chuck todd had a report and i thought it would share that with you and then get with you, congressman. universal background check will push hard for that
. when you call the experts at one reverse mortgage today, you'll learn the benefits of a government-insured reverse mortgage. it will eliminate your monthly mortgage payments and give you tax-free cash from the equity in your home. and here's the best part -- you still own your home. take control of your retirement today. ♪ ♪ >> if you've ever stepped in poop you know how gross it is when people don't clean up after their dogs. well, one apartment complex in plano, texas, requiring dog owners to submit a dna sample. if there's poop around the complex, they do dna tests and the culprit has to pay a $250 fine. >> that's technology working to better mankind. >> i thought it was over the top, but they took it to a new level. >> good to have you. >> "america live" is now. >> a fox news alert on the showdown over the debt ceiling. house republicans shifting gears allowing new plans to allow the government to keep borrowing money for several more months preventing a first default on u.s. obligations that could come a week from today. there's a catch. welcome to "america live," i'm in
. >> reporter: a worst case scenario, an eroding tax base. the government demanding more from lower income people. and the future of this baby, a potential revolt. >> this boat won't float if that continues. >> reporter: miriam hernandez, abc news, eyewitness news. >> that's pretty fascinating. you wouldn't think that. i mean, a lot of countries have problems with not having enough babies, but you wouldn't think the state of california. >> in 2011, the u.s. had 63 births per 1,000 women. compare that to the baby boom generation, 122 births of women of child-bearing ages, 15 to 44. >> are you going to do your part? you've got two. >> i might. i've always wanted four. >> you better get going. >> my husband counts so i have three. >>> it's one of the most heroic jobs in the world, walking into fire to do battle and save lives. >> up next, we'll see what a firefighter sees on the job and hear what he goes through in the middle of an infer know. it's all from his perspective and it's all coming up on "world news now." ♪ goodness gracious, great balls of fire ♪ ♪ you came along and moved m
owners that somehow the federal government is about to take all your guns away. >> the n.r.a. has made it very clear it is adamantly opposed to any measure that will ban assault weapons or high-capacity ammunition magazines. the n.r.a. predicts the president will not be able to get any congressional passage on anything akin to that. a source does tell fox news, as you've mentioned, steve, earlier, the task force has identified 19 different options the president could implement through an executive order. of course that would clearly create a stir and fight on capitol hill. >>steve: capitol hill hates to get bypassed. thank you very much. >>gretchen: to your other headlines, former kansas city chief linebacker jovan belcher was drunk when he killed his girlfriend and himself. his blood alcohol level was twice the legal limit yet when cops found him passed out in his car hours before the shooting, they did not arrest him. later belcher shot, murdered his girlfriend, nine times. then he drove to his practice facility and ended up killing himself. >>eric: a british woman who got in trouble
. in 1937 as we were coming out of depression, the government tightened fiscal policy, raised taxes and the fed raised rates and created a second downturn. this is what ben bernanke has studied his whole life and this is the mistake he refuses to make. >> jeff, wouldn't that be a mistake? i mean, isn't part of the equation that we're not talking about, demand? yes, there's a lot money out there and it's very cheap right now but the demand for that money is what's keeping the inflation lower right now, isn't it? >> i would tell you, yeah, i mean, the demand i guess is certainly the issue that he's trying to stimulate here, but i just don't know how you stimulate it by continuing to just devalue the united states currency. >> let me stop you there, jeff, because that hasn't happened. >> yes, it has. >> by what measure? >> if you look at the dxy, down 11% since qe started. >> okay. if that was also part -- if you read all. fed's and all of ben bernanke's literature on how to attack deflation and reflate, part of it is gently devaluing the dollar. competitive devaluations going around t
the association that governance the national mall. that's a bridge we'll cross when we come to it. but there are a number of civic- minded things to do if we are lucky to have access funds when it is all said and done. >> cnn. how many law enforcement agencies and officers will be involved in the security on the day of the inauguration? and also, how large of an area will be closed off with street closures? >> first, to answer your question, we cannot go into detail as to how many law enforcement officers will be present for the inauguration. and could you repeat your second question for me? >> how many agencies? >> i can't go into detail. >> how much will be closed off. >> we have road closures in effect and i can provide you with information on those. [indiscernible] >> with all events that happen on the capitol complex, we train constantly to address them. as far as specific threats, i can't answer that right now, but just know that united states capitol police with our law enforcement partners have trained constantly in regards to issues that may come up. >> two logistical que
and ceo of cheg, dan rosenweig is here. >> we've got breaking news from the federal government. senior economics reporter steve liesman has the story. >> the fed is supposed to release this morning the transcript from 2007. those are the ones where they tell you who said what during meetings. an unusual amount of attention to these, because this is the first response of the federal reserve to the crisis which you remember began in the summer of 2007. what are we going to be looking for? what folks were saying in three emergency meetings. three rate cuts totaling 1%. and of course, there was a big debate, inflation versus response to the financial crisis on august #th. putting out a statement saying the main concern was inflation, three days later the federal reserve said it would provide reserves as necessary to combat the financial crisis. here's why this is going to be historically important. the first declines there in 2007, then what we'll do is overlay inflation on this. you can see what the fed was dealing with at the time. you had rising inflation at the time. at the same time y
side, c-4s and c-3s, the poor which need help from the government. but i notice the president -- he had a line in his speech where he said every job -- the nation needs to find a decent wage for every worker. really? you know, there is supply and demand. there is a new role for government, and it's a more active role. >> is that a role for government, or could that be read, that is the american dream, the promise of america, which is people who come from nothing in a generation can become something, which as you well know, very unusual in many other countries. america is the place where that story is possible, and elsewhere it's really not. >> that's right. and -- and i guess you could interpret it either way and that's the debate. that's the debate. will it be the role of government or supply and demand and the natural market. >> the raising of a president, the mother and fathers of our nation's leaders. thank you for joining us. >> let's get to john berman. >>> the testimony many americans have been waiting months to hear. secretary of state hillary clinton will testify about the atta
is receiving regular updates on the raid, that the administration is in constant contact with the government of algeria and has been clear that our first priority is the safety and security of the hostages. defense secretary leon panetta says, he's putting the terrorists on notice. >> they will find no sanctuary, no refuge, not in algeria, not in north africa, not anywhere. >> but the demands of the group led by mokhtar belmokhtar is growing. they are demanding the release of omar currently serving a life sentence in the u.s. and a pakistani neuroscientist now in prison in the u.s. convicted of trying to kill u.s. soldiers and fbi agents in afghanistan. the obamaed administration, however, is ruling out any negotiating with the terrorists. >> the united states does not negotiate with terrorists. >> again, this is an ongoing operation as far as we know, still conflicting information for a third day in exactly what is happening, how many people have been released, et cetera. but, wolf, you can certainly say that the countries that are involved and that includes japan, have been talking around
have the japanese government trying to really reboot that economy. you're seeing the chinese government and the new leadership trying to reboot their economy, so, if any, you're going to see probably an accelerated economy n.parts of the world i still think we'll have structural problems in europe and all the uncertainty about the united states so i don't believe it's going to be as bad as it sounds. the u.s. certainly may, but i actually think what's going on are -- and this is part of our messaging at blackrock, you need to look beyond the noise of the day or the week or the month. if you have a liability that's a 20 or 30-year liability, why do you care about what's going to happen in the next few months. >> sure. >> it may mean your entry level is higher or lower, but you're missing out, and so, you know, my message a year ago, you have to be in stoks stocks. for those not in stocks, what did we see, the s&p up 15% last year and we're up another 3.5% so far year to date. >> yeah. >> so far equity returns in the first 17 days this career are going to be better than your annualized re
of a cable network to to a foreign government. that's an example of what we do here favorable reporting even though it is not somebody we have use for. he was correct when he wrote this. gunn >> the most back breaking jobs in oil fields are held by labors shipped from africa and asia are paid fair sub stan thens wages. this is the country with which gore choose to abodo big handsh business is one ugly thing, unquote. certainly that is true. al gore sold out his principles to people who are not friendly to human rights who make massive money trafficking in oil and couldn't care less about the big passion global warming. in the eyes of american al gore has to be an unbelievable hypocrite. you would not know that by watching network news where the story was almost ignored. it is huge for american people. no longer are we getting fair news coverage from many broadcast operations. the print press is almost as bad but the new york sometimtimes dk the story to its credit. we are living in an age where the federal government is i am massing enormous power over other lives. the american press who is
's a training program that the federal government sponsored and they were trained, it protects the airplane, not one incident of a problem. >> let me just show, i've been saying that this is feel-good legislation, that there's motion, a the lot of motion, and lot of rhetoric, a lot of props being used, exploittation of a tragedy. in new york, they passed a law this week and i'm going to put up on the screen a picture. two guns, the exact same gun, exact same caliber of bullet, and one has a pistol grip, the other does not. one is banned, one is legal. now, that's the type of thing that makes me say, these guys have no clue what they're talking about. by the way, would anybody here use the pistol grip on their rifle, anyway? nobody would, it's cosmetic, wouldn't even use it. >> sean, i'll say there's one particular pistol i purchased when i went backpacking in alaska, my wife wanted something other than a whistle to protect myself from the grizzly bears, and that weapon would be banned under governor cuomo's proposal and some of the proposals that are going forward in congress. that will not
there's a training program that the federal government sponsored and they were trained, it protects the airplane, not one incident of a problem. >> let me just show, i've been saying that this is feel-good legislation, that there's motion, a the lot of motion, and lot of rhetoric, a lot of props being used, exploittation of a tragedy. in new york, they passed a law this week and i'm going to put up on the screen a picture. two guns, the exact same gun, exact same caliber of bullet, and one has a pistol grip, the other does not. one is banned, one is legal. now, that's the type of thing that makes me say, these guys have no clue what they're talking about. by the way, would anybody here use the pistol grip on their rifle, anyway? nobody would, it's cosmetic, wouldn't even use it. >> sean, i'll say there's one particular pistol i purchased when i went backpacking in alaska, my wife wanted something other than a whistle to protect myself from the grizzly bears, and that weapon would be banned under governor cuomo's proposal and some of the proposals that are going forward in congress.
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